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Total supply chain costs in some industries approach 75 percent of the total operating budget.

A) True
B) False

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The measurement of the number of customers who stop using or purchasing products or services from a company is called:


A) switching costs.
B) churn rate.
C) CLTV.
D) switch rate.

E) A) and B)
F) A) and C)

Correct Answer

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A ________ is a method of interaction with a customer, such as telephone or customer service desk.


A) point of presence
B) touch point
C) sales point
D) client channel

E) None of the above
F) C) and D)

Correct Answer

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An enterprise system helps reduce redundant business processes.

A) True
B) False

Correct Answer

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Supply chain planning systems:


A) track the physical status of goods.
B) identify the transportation mode to use for product delivery.
C) track the financial information involving all parties.
D) track the status of orders.

E) B) and D)
F) A) and B)

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A company's supply chain describes how raw materials are transformed into finished products and shipped to retailers and customers.

A) True
B) False

Correct Answer

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Which of the following business objectives would be most helped by implementing an enterprise application?


A) New products and services
B) Customer and supplier intimacy
C) Competitive advantage
D) Survival

E) A) and B)
F) C) and D)

Correct Answer

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Supply chain management systems are a type of enterprise system.

A) True
B) False

Correct Answer

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Marketing modules in CRM systems would provide tools for:


A) assigning and managing customer service requests.
B) capturing prospect and customer data.
C) identifying profitable and unprofitable customers.
D) managing sales prospect and contact information.

E) C) and D)
F) B) and C)

Correct Answer

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Dell Inc., which produces many personalized computers as they are ordered, is an example of a pull-based supply-chain model.

A) True
B) False

Correct Answer

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A network of organizations and business processes for procuring raw materials, transforming these materials into intermediate and finished products, and distributing the finished products to customers is called a:


A) distribution channel.
B) supply chain.
C) value chain.
D) marketing channel.

E) A) and C)
F) A) and D)

Correct Answer

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________ modules use many of the same data, tools, and systems as CRM to enhance collaboration between a company and its selling partners.


A) SCM
B) SFA
C) ERM
D) PRM

E) A) and B)
F) All of the above

Correct Answer

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SFA modules in CRM systems would provide tools for:


A) assigning and managing customer service requests.
B) capturing prospect and customer data.
C) identifying profitable and unprofitable customers.
D) managing sales prospect and contact information.

E) A) and C)
F) All of the above

Correct Answer

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Concurrent supply chains are made possible by which technology?


A) ERP systems
B) The Internet
C) Supply-chain management systems
D) Just-in-time supply-chain technologies

E) A) and B)
F) A) and C)

Correct Answer

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The downstream portion of the supply chain includes retailers and customers.

A) True
B) False

Correct Answer

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Enterprise application vendors have created ________ to make their own customer relationship management, supply chain management, and enterprise systems work closely together with each other.


A) e-business suites
B) ERP systems
C) middleware
D) legacy systems

E) All of the above
F) B) and D)

Correct Answer

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________ management is an important capability for customer service processes that is found in most major CRM software products.


A) Returns
B) Lead
C) Account
D) Events

E) B) and C)
F) None of the above

Correct Answer

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Systems that enable a firm to generate demand forecasts for a product, and to develop sourcing and manufacturing plans for that product, best describes supply chain ________ systems.


A) demand
B) delivery
C) planning
D) execution

E) All of the above
F) B) and C)

Correct Answer

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With new flows of information made possible by Web-based tools, supply chain management can more easily follow a push-based model.

A) True
B) False

Correct Answer

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To model its existing supply chain and develop optimal manufacturing plans, a firm would implement a supply chain execution system.

A) True
B) False

Correct Answer

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